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HB 797

BillStateFLHouse
Nonprofit Corporations
About This Bill
Latest Action · Jun 26, 2026
Chapter No. 2026-168
Session
2026
Introduced
Dec 17, 2025
Primary Sponsor
Commerce Committee· primary

Summary

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Nonprofit Corporations; Conforms terminology for consistency with Model Nonprofit Corporation Act adopted by American Bar Association; aligns provisions with Florida Business Corporation Act; revises corporate powers; updates provisions on distributions, dividends, & board vacancies; revises who may answer DOS interrogatories; specifies acceptable methods of written notice; requires officers to act in good faith, with reasonable care, & in corporation’s best interests; establishes requirements for judicial removal of directors; provides construction; allows board actions to satisfy meeting & voting requirements if no members exist; removes affiliate chapter registration requirement; ensures equal member rights & obligations; authorizes board to admit members for consideration & set payment terms; permits membership termination per terms; prohibits corporation from being its own member; allows fines or penalties if authorized; permits certain nonprofits to purchase membership interests; sets rules for buying interests of resigned or terminated members; revises meeting procedures & special meeting requirements; provides proxy voting rules & effects of incapacity; revises remote participation provisions; updates board composition, election, & term rules; grants liability immunity to all officers & directors; authorizes eligible mergers; requires statements for property held for charitable purposes.

Subjects

(vetoed)business organizationssocial welfaresubject indexveterans

Co-sponsors (3)

Civil Justice & Claims Subcommittee · primary
Tuck · primary
Joseph · cosponsor

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